https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Wed, 20 May 2026 02:33:22 +0000 https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066969 Thu, 12 Feb 2015 16:04:30 +0000 mrs. tictactoe 2066969@https://boards.hellobee.com/ <p>We use it. The only thing that is hard for us is that we basically pay for childcare twice each month - it comes out of my paycheck, then we have to pay preschool - then we are reimbursed for what came out of my check. It can make the beginning of the month a little rough, but it always works out. </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066946 Thu, 12 Feb 2015 15:53:26 +0000 looch 2066946@https://boards.hellobee.com/ <p>We use it, no reason not to, as our facilities are eligible. </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066900 Thu, 12 Feb 2015 15:31:01 +0000 LuLu Mom 2066900@https://boards.hellobee.com/ <p>The way ours works is I have to fill out a form and have our daycare sign it and then submit it to HR and they will add that requested amount to my paycheck the next week (I get paid weekly.) We can only take out the amount of which we have put in (with our medical we can take it out before we actually have contributed it for the year.) </p> <p>It lowers my income enough and our accountant says it's better than the other options/right offs. We usually only take it out when we need it (every couple months we take out the lump sum) but I know people who turn in the forms weekly so they aren't missing out on that on their paycheck. Just depends on what you want to do. </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066893 Thu, 12 Feb 2015 15:26:13 +0000 psw27 2066893@https://boards.hellobee.com/ <p>@yoursilverlining: That is what I am hoping to do - just have the nice little $5k bonus at the end of the year (or whenever we feel like it since the $5k is a joke compared to cost!) </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066888 Thu, 12 Feb 2015 15:24:27 +0000 BSB 2066888@https://boards.hellobee.com/ <p>I'm hoping to finally take advantage of this benefit in 2016. Every year it's offered and I have to really consider if I will be pregnant, but I declined 2015 because I should ( :goodluck: ) give birth in Oct and be back at work in December. So 2016 should hopefully be the year I can use this benefit. I have heard from co-workers that you have to pay for the daycare costs yourself and then apply for reimbursement. Also, I believe the daycare has to have a tax ID, so it can't be an in-home undocumented (?) daycare. That's what my coworker told me 2 years ago... when I asked him. </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066883 Thu, 12 Feb 2015 15:22:05 +0000 Smurfette 2066883@https://boards.hellobee.com/ <p>@yoursilverlining: yeah I blow through the limit in 3 months. </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066855 Thu, 12 Feb 2015 15:10:30 +0000 littlejoy 2066855@https://boards.hellobee.com/ <p>@yoursilverlining: Isn't that crazy (the amount they allow vs. actual costs)? It's better than nothing. I like your plan of just saving it. I'll have to look into the way this particular one works (again, I am so clueless here). </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066843 Thu, 12 Feb 2015 15:07:49 +0000 littlejoy 2066843@https://boards.hellobee.com/ <p>@regberadaisy: Yes, I am specifically talking about FSA for dependent care. It's a 50 page (!!) PDF I'm trying to navigate through. (Hence the confusion.) </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066842 Thu, 12 Feb 2015 15:07:46 +0000 yoursilverlining 2066842@https://boards.hellobee.com/ <p>We have the Dependent Care FSA and like others have said, it's super easy to use. I contribute the maximum of $5,000 a year (pitiful compared to actual daycare costs, but something is better than nothing) and it works out to just under $200 from each check if you're paid bi-weekly. I usually just leave it in there until the end of the year and then take out the full $5k and use that for vacation or home improvement or whatever. </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066833 Thu, 12 Feb 2015 15:05:07 +0000 regberadaisy 2066833@https://boards.hellobee.com/ <p>So it's run a little differently for everyone I've learned. When I had it through an old employer it was so simple. I just uploaded receipts and got reimbursed via direct deposit. </p> <p>FYI fsa for Healthcare reimbursement and fsa for dependent care two separate things. </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066810 Thu, 12 Feb 2015 14:59:12 +0000 littlejoy 2066810@https://boards.hellobee.com/ <p>@Anagram: @Smurfette: Awesome. I guess I thought it was a separate bank account we'd open with our local bank. What you described sounds so much better!! </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066809 Thu, 12 Feb 2015 14:58:36 +0000 littlejoy 2066809@https://boards.hellobee.com/ <p>@2PeasinaPod: So helpful!! Thank you!! I'm going to sit down with DH tonight, and I know we'll have a few questions. </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066803 Thu, 12 Feb 2015 14:56:25 +0000 2PeasinaPod 2066803@https://boards.hellobee.com/ <p>I actually run these programs for my company, and they're so beneficial.</p> <p>What sort of questions do you have? If you want, PM me and I can send you my email address, or I can answer any questions on here too! </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066799 Thu, 12 Feb 2015 14:55:16 +0000 MrsKoala 2066799@https://boards.hellobee.com/ <p>It's worth it because you aren't taxed on that money that you are putting aside. </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066797 Thu, 12 Feb 2015 14:54:38 +0000 Smurfette 2066797@https://boards.hellobee.com/ <p>So easy to use. I just file my monthly invoices with the managing company. Then I get my month deposited into my bank account. </p> <p>I get paid every other Friday, so every other Monday I would get my money back that came out of my check. </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066790 Thu, 12 Feb 2015 14:52:16 +0000 MenagerieMama 2066790@https://boards.hellobee.com/ <p>We just started this year, so we're still figuring it out. So far we're waiting on our first reimbursement so I'll keep you posted! </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066789 Thu, 12 Feb 2015 14:51:22 +0000 Anagram 2066789@https://boards.hellobee.com/ <p>@littlejoy: I guess it's always worth it, since it comes out of your paycheck before taxes, so it makes your income lower. For me, it's such a small drop in the bucket for yearly child care, but it's better than nothing.</p> <p>Generally you just sign up and the amount is taken from your paycheck--then after you pay daycare, you apply for reimbursements from your FSA </p> https://boards.hellobee.com/topic/dependent-care-assistance-plan-fsa#post-2066784 Thu, 12 Feb 2015 14:49:08 +0000 littlejoy 2066784@https://boards.hellobee.com/ <p>Anyone use one of these for child care costs? We're looking into it (with my husband's work), and the language is so confusing. I assume I could talk to his HR person for clarification?</p> <p>If you do use an FSA for Dependent Care Assistance, is it worth it? Any tips? Is it easy once it's setup? </p>